Monday, December 5, 2011

Corzine ties put Dems in tricky position

TheHill.com

quote:
House Republicans are accusing Democrats of hypocrisy for not returning contributions from Corzine, whose brokerage firm may have lost more than $1 billion of clients’ money through improper transactions.

Comment:  That accusation from the House Republicans is nothing compared to what Barnhardt is saying.  She is accusing Corzine of outright theft.  I think she has a point.

This may getting muddied over so that the ordinary folk may not get it.  It comes down to this:  Corzine used funds from clients deposits that should not have been available to him.  If it was a bank, it would be called embezzlement.   Try to think of it as an analogy to this:  your deposits in a bank being used for Corzines' personal use because he got into some trouble because of a bad deal.  Your money is your money, not the banks'.  That's what's wrong with what he did.  He is a thief.

Papering it over as an "improper transaction" doesn't quite state the enormity of what he did.  Republicans only want to play fair with donations- they don't seem to be very interested in protecting the financial integrity of the nation's financial system.

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